Nurses at Alameda Hospital in California are now able to join the United Steelworkers of America's (USWA) $1.3bn defined benefit (DB) pension fund, a move that could lead to the rest of the state's nurses joining the steelworker's fund.
Actuarial firm Jagger & Associates has been appointed by UK laboratory suppliers Camlab to act as investment advisers to its £2.5m pension scheme.
Cigarette manufacturer Philip Morris has apologised for a company funded report which claimed that smoking related deaths saved the Czech government money on healthcare and pensions.
The Occupational Pensions Regulatory Authority (OPRA) in the UK has announced it will continue to regulate pension schemes on the basis of the current minimum funding requirement (MFR) rules.
David Laverick - a former local government ombudsman but with no previous pensions experience - is the UK's new pensions ombudsman.
FTSE/Xinhua Index (FXI) has launched a new family of domestic China indices to help international investors analyse and assess the performance of China A + B shares. The five new indices include the FTSE/Xinhua China A 600.
FTSE/Xinhua Index (FXI) has launched a new family of domestic China indices to help international investors analyse and assess the performance of China A + B shares. The five new indices include the FTSE/Xinhua China A 600.
Innogy Group in the UK, whose pension scheme is part of the £22bn Electricity Supply Pension Scheme, has assigned Aon Consulting's web unit to provide an on-line pension scheme booklet as part of its HR portal.
Singapore's national development secretary Koh Yong Guan has been appointed chairman of the central provident fund (CPF) board with effect from Wednesday for a term of three years.
The cost of topping up UK company pensions has been drastically reduced in the past year, but returns have also fallen fast, according to Watson Wyatt's survey of UK additional voluntary contribution schemes (AVCs).